How much does CBD Oil and Vapes Cost: CBD Oil prices have become more competitive in South Africa the past few years as more and more brands are popping up creating more competition and a wider range of CBD-based products such as CBD Cream, CBD Capsules, CBD Edibles, CBD Vape and CBD Vape Juice. People are starting to notice the potentials of CBD infused products. Please read more on CBD benefits and uses here……
CBD prices are primarily determined by the method of production, quality of raw materials used and the overall level of potency. The better brands use organic hemp that is free of pesticides and GMOs. Quality control is another crucial factor. Most CBD is put through third party lab testing. If your CBD has not been lab tested you may want to consider trying a more reputable CBD brand.
Please read more on CBD Vapes & Vape Juice….
Calculating the cost of CBD Products?
The best way to compare CBD prices is to use the price per mg method where you’ll only need to take into account two main variables: the total amount of CBD in milligrams, and the price. Simply divide the price by the amount of CBD in milligrams to determine the price per milligram. The number of milligrams on the label represents the total amount of CBD per bottle.
Price ÷ total mg CBD = price per mg
Example: R 350.00 ÷ 600 mg = R 0.58 per mg
This calculation can be applied to any CBD Oil, Vape etc. Just a NOTE here, vaping has the highest bioavailability of all the delivery methods meaning this that even if you’re paying the same price per mg, your body is actually going to absorb more of it.
Main factors that influence CBD oil prices?
Cultivation and certification
As Hemp farming is controlled by strict laws, growing and harvesting them is a skilled and expensive process and adding in the cost of organic certification.
Extraction costs
Depending of the method of extraction, this can also be very expensive and in many instances requires specialist equipment and skilled operators.
Quality control and lab testing
It is crucial that companies have their products Third-party lab tested. Lab testing CBD oils, CBD Vapes and all CBD infused products isn’t cheap, but it is an essential step that no reputable CBD brand would ever skip.
Marketing and distribution are more difficult
The limitations on what companies can and cannot say about CBD products, as well as where they can and cannot market and advertise makes traditional marketing avenues more difficult to navigate. Some avenues are closed entirely such as social media advertising and pay-per-click advertising?
Distribution is also more difficult for CBD companies, as many retailers are reluctant to stock CBD products resulting in making it harder to get products into stores.
Lack of understanding
How much does CBD Oil and Vapes Cost, Most people and businesses have a “lack of understanding” about CBD products which sometimes leads to an unrealistic expectation of how much CBD should cost.
